An announcement from Chilwa Minerals Ltd ( (AU:CHW) ) is now available.
Chilwa Minerals Limited has announced promising new assay results from its sonic drilling program at the Mposa deposit, part of its Chilwa Critical Minerals Project in Malawi. The results indicate some of the best mineralized zones to date, with grades significantly higher than the existing mineral resource estimates. This development suggests a potential uplift in the mineral resource estimate, enhancing Chilwa’s industry positioning. The company is also progressing with drilling at the Mpyupyu and Bimbi deposits, with updates expected by the end of June.
More about Chilwa Minerals Ltd
Chilwa Minerals Limited is a company operating in the heavy mineral sands (HMS) industry, focusing on the exploration and development of mineral resources. The company is engaged in the Chilwa Critical Minerals Project in southern Malawi, which includes ten HMS deposits, with Mposa being a significant site.
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